Dhaka seeks Irish support to get EU's GSP benefits until 2032

20 Mar '24

1 min read

Pic: Stay With Sheikh Hasina/X (Formerly Twitter)

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Prime Minister Sheikh Hasina recently sought Ireland's support to Bangladesh's efforts to get preferential trade facilities in the EU market until 2032 instead of 2029 during the period following the country's graduation from the least developed country status.
She urged Irish businesses to invest in special economic zones and hi-tech parks in Bangladesh.

Bangladesh Prime Minister Sheikh Hasina recently sought support from Ireland to her country’s efforts to get preferential trade facilities in the European Union (EU) market until 2032 instead of 2029 during the period following the country’s graduation from the least developed country (LDC) status.

She conveyed this to Ireland's minister for enterprise, trade and employment Simon Coveney when the latter paid her a courtesy call recently.

"The prime minister sought Ireland's support so that the EU would extend the business facilities, particularly the Generalised Scheme of Preferences (GSP) for Bangladesh till 2032," the prime minister’s speech writer Mohammad Nazrul Islam told media persons after the meeting.

She urged Irish businesses to invest in special economic zones and hi-tech parks in Bangladesh, according to domestic media reports.

As misinformation regarding Bangladesh's labour policy is being spread with an ill intent, Hasina requested EU nations to directly contact her government to get the facts.

Coveney is in Bangladesh to formally open Ireland's first honourary consulate in Dhaka.

Fibre2Fashion News Desk (DS)

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